**10. INSURANCE:** Lessee shall secure and maintain in effect at its own expense throughout the Term
of the Lease insurance against such hazards and for such risks as Lessor may require; provided that
Lessor shall not require insurance in greater amounts or covering additional risks with respect to
the Aircraft than Lessor generally requires of its lessees to whom it leases similar aircraft.
All such insurance shall be with companies with a AM Best rating of “A” or better or otherwise
satisfactory to Lessor. Without limiting the generality of the foregoing, Lessee shall maintain
(i) liability insurance covering public liability and property, cargo and sudden accidental
pollution coverage, in amounts not less than fifty million (50,000,000) United States dollars for
any single occurrence; (ii) all-risk aircraft hull and engine insurance (including, without
limitation, with respect to engine or part thereof while removed from the aircraft and foreign
object damage insurance) in an amount which is not less than the then Stipulated Loss Value; and
(iii) confiscation, expropriation and war risk, hijacking and allied perils insurance (which
insurance shall include coverage against acts of terrorism and similar criminal acts) in an amount
which is (x) for physical damage, not less than the then Stipulated Loss Value and (y) for
liability coverage, not less than fifty million (50,000,000) United States dollars for any single
occurrence. All insurance shall: (1) name Lessor as owner of the Aircraft and as loss payee and
additional insured (without responsibility for premiums), (2) provide that any cancellation or
substantial change in coverage shall not be effective as to the Lessor for thirty (30) days (ten